Target Corporation (TGT)
Debt-to-equity ratio
| Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 14,666,000 | 14,489,000 | 14,429,000 | 13,840,000 | 13,432,000 | 12,514,000 | 11,990,000 | 11,605,000 | 11,232,000 | 11,019,000 | 10,592,000 | 10,774,000 | 12,827,000 | 13,803,000 | 14,860,000 | 14,959,000 | 14,440,000 | 13,319,000 | 12,578,000 | 11,169,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
February 1, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $14,666,000K
= 0.00
Target Corporation has consistently maintained a debt-to-equity ratio of 0.00 based on the provided financial data from May 2, 2020, to February 1, 2025. This indicates that the company has not relied on debt financing as a significant source of capital relative to its equity. A debt-to-equity ratio of 0.00 suggests that the company's financial structure is primarily equity-based, which can be viewed positively by investors and creditors as it indicates a lower level of financial risk and a healthier balance sheet. It also implies that Target has been able to finance its operations and growth primarily through retained earnings and equity investments. Overall, the consistent 0.00 debt-to-equity ratio reflects Target's prudent financial management and ability to maintain a strong financial position.
Peer comparison
Feb 1, 2025